Common use of Duration of Use Clause in Contracts

Duration of Use. A person selecting an inventory management method under paragraph (a) of this section for a particular fungible good or material must continue to use that method for that fungible good or material throughout the fiscal year of that person.

Appears in 4 contracts

Sources: United States Australia Free Trade Agreement, United States Colombia Trade Promotion Agreement, United States Colombia Trade Promotion Agreement

Duration of Use. A person selecting an inventory management method under paragraph (a) of this section for a particular fungible good or material must continue to use that method for that fungible good or material throughout the fiscal year of that personper- son.

Appears in 1 contract

Sources: United States Panama Trade Promotion Agreement